Neogen Chemicals Ltd

NSE
NEOGEN •
BUY

1W Return

-%

1M Return

-%

6M Return

-%

1Y Return

-%

3Y Return

-%

Start SIP in Neogen Chemicals Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
27.57% Fall from 52W High
-12
TTM PE Ratio
High in industry
107.5
Price to Book Ratio
Above industry Median
7.4
Dividend yield 1yr %
Below industry Median
0.2
TTM PEG Ratio
PEG TTM is negative
-3
RSI
RSI is mid-range
45
MFI
MFI is mid-range
38.4

Neogen Chemicals Ltd Key Financials

*All values are in ₹ Cr.

Neogen Chemicals Ltd shareholding Pattern

Promoter
56.9%
Foreign Institutions
4.5%
Mutual Funds
21.3%
Domestic Institutions
22.8%
Public
15.8%

Neogen Chemicals Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
5
Bearish Moving Averages
11
5Day EMA
1,330.80
10Day EMA
1,335.80
12Day EMA
1,340.10
20Day EMA
1,359.70
26Day EMA
1,373.60
50Day EMA
1,419.50
100Day EMA
1,477.30
200Day EMA
1,503.70
Delivery & Volume
Resistance & Support
1,345.33
Pivot
Resistance
First Resistance
1,369.37
Second Resistance
1,391.98
Third Resistance
1,416.02
Support
First Support
1,322.72
Second support
1,298.68
Third Support
1,276.07
Relative Strength Index
45
Money Flow Index
38.36
MACD
-33.47
MACD Signal
-35.56
Average True Range
47.02
Average Directional Index
21.29
Rate of Change (21)
-5.96
Rate of Change (125)
-13.66

Neogen Chemicals Ltd Company background

Founded in: 1989
Neogen Chemicals Limited was incorporated as a private limited company with the name Neogen Chemicals Private Limited on March 7, 1989 in Thane, Maharashtra. Subsequently, pursuant to a special resolution passed by the shareholders of the Company on May 2, 1998, the Company was converted to a public limited company and the name of the Company was changed to Neogen Chemicals Limited on July 2, 1998. Neogen is one of Indias leading manufacturers of brominebased, and lithiumbased, specialty chemicals. Specialty chemicals are those chemicals that impart different properties to a variety of products (i.e. the effect that specialty chemicals have varies based on the product) and have a high degree of value addition. Specialty chemicals are, also generally, in the Indian context, manufactured in smaller volumes when compared to nonspecialty chemicals. Specialty chemicals, including bromine and lithiumbased compounds, comprise pharmaceutical intermediates, agrochemical intermediates, engineering fluids, electronic chemicals, polymers additives, water treatment chemicals, construction chemicals and flavours and fragrances. Specialty chemicals are widely used for specialized applications to meet industryspecific requirements and can be classified based on application industries. Additionally, certain specialty chemicals find application in multiple industries. The Company manufactures specialty organic brominebased chemical compounds (Bromine Compounds) and other specialty organic chemical compounds as well as specialty inorganic lithiumbased chemicals compounds (Lithium Compounds and together with the Bromine Compounds the Products). The Company commenced its business operations in 1991, at Mahape, Navi Mumbai manufacturing facility with a few Bromine Compounds and Lithium Compounds. Over the years it has expanded its range of products and, presently, manufacture an extensive range of specialty chemicals which find application across various industries in India and globally. As on February 28, 2019, the company has manufactured an aggregate of 198 products comprising 181 organic chemicals and 17 inorganic chemicals. In addition to manufacturing its standard products, the company also undertakes custom synthesis and contract manufacturing. In custom synthesis the product is developed and customized primarily for a specific customer, but process knowhow and technical specifications are developed inhouse by the company. Further, it has, more recently, also commenced contract manufacturing where, the product is developed under confidentiality for a single customer using the process knowhow and the technical specifications provided by the customer. Contract manufacturing has enabled the company to increase its bouquet of product offering. The Company differentiates itself in the contract manufacturing space by additionally offering process innovation, which, generally, reduces the overall operating costs for their customers. The Company operates out of its manufacturing facilities located in Mahape, Navi Mumbai in Maharashtra (Mahape Facility) and Karakhadi, Vadodara in Gujarat (Vadodara Facility). The Corporate office is located in Thane, Maharashtra. The Company is, presently, developing a greenfield manufacturing unit in Dahej SEZ, in Gujarat (Proposed Dahej Facility) and are also proposing to expand its operations in Karakhadi, Vadodara (Proposed Vadodara Facility). Its manufacturing facilities in aggregate are spread across approximately 40 acres with an additional 12 acres of leased property in Dahej SEZ. Its manufacturing units at Vadodara and Mahape also contain research and development (RD) units comprising a dedicated 20 member inhouse team. Neogen Chemicals came out with an Initial Public Offering (IPO) of 6,155,813 equity shares of Face Value of Rs 10 each for cash at a price of Rs 215 per equity share (including a share premium of Rs 205 per equity share) aggregating Rs132.35 Crores. The offer comprises of a fresh issue of 3,255,813 equity shares aggregating Rs 70 crores by the company (fresh issue) and an offer for sale of 1,699,600 equity shares by Haridas Thakarshi Kanani (promoter selling shareholder) and 1,200,400 equity shares by Beena Haridas Kanani (promoter group selling shareholder, and along with the promoter selling shareholder aggregating Rs 62.35 Crores. The face value of equity shares is Rs 10 each. The IPO was priced at Rs 215 per share.
Read More

Neogen Chemicals Ltd FAQs

Neogen Chemicals Ltd shares are currently priced at 1346.75 on NSE and 1348.85 on BSE as of 2/22/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Neogen Chemicals Ltd [NEOGEN] share was 6.99. The Neogen Chemicals Ltd [NEOGEN] share hit a 1-year low of Rs. 1233.05 and a 1-year high of Rs. 1859.3.

The market cap of Neogen Chemicals Ltd is Rs. 3552.95 Cr. as of 2/22/2024 12:00:00 AM.

The PE ratios of Neogen Chemicals Ltd is 87.47 as of 2/22/2024 12:00:00 AM.

The PB ratios of Neogen Chemicals Ltd is 4.74 as of 2/22/2024 12:00:00 AM

The Mutual Fund Shareholding was 21.32% at the end of 2/22/2024 12:00:00 AM.

You can easily buy Neogen Chemicals Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

Open Demat Account
or Resume your Application
+91 -

personImage